The legislation of the new law may result in the collapse of construction companies as two tiers will be created, says James MacQueen, advisory partner in the construction and real estate sector for business advisory and accountancy firm BDO.

The Australian Government has announced that it will build a second international airport, costing up to $5bn to construct.

Under the active activity in home building and reasonably strong civil sector, recruitment outfit Hays says the building sector will create more employment opportunities.

2017 is on track to be another boom year for home renovation in Australia.

Government audit points to substandard cladding in more than 1,000 buildings in New South Wales.

The latest Trades Report by the Housing Industry Association shows that 9 out of 13 trades in the industry are in moderate undersupply.

According to Dr. Matthew Thomas of Social Policy and Alicia Hall, housing affordability in Australia has broadly declined since the early 1980s.

Australian tradesmen are struggling to keep up as the country's residential building market grows.

Surge in approval for Apartment Developments might result in oversupply

John Holland take on prime commercial CBD site in Sydney

The construction of the $2.1 billion, 12 km light rail project featuring 19 stops across the city has seen new progress. The rail stopping at Moore Park, Randwick and Kingsford will extend from Circular Quay to Central Station via George Street.

$800m Northern gas pipeline to solve gas supply crisis

Yarra One, a collection of luxurious residences designed by Fender Katsalidis Architects and built by listed Malaysian developer Eco World-Salcon Y1 Pty Ltd, will become the new landmark in the Forrest Hill precinct.